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Warehouse District

Warehouse District

Suburban Neighborhood in Raleigh, North Carolina

Wake County 27601, 27603

$693,305 Average Value
$450 Average Price per Sq Ft
7 Homes For Sale

Urban style with a tight-knit feel

What started out as a center of industry in Raleigh may not serve that original purpose any longer—but its iconic brick buildings are now home to a bustling epicenter of art, culture, and diversity just under a mile from City Center. “We’re spoiled rotten,” says Ann-Cabell Baum, broker with The Glenwood Agency and longtime resident of the area. “There are just so many cool things to see and places to go, and you can walk to all of them.” With its appealing blend of urban style and tight-knit community vibes, the Warehouse District is known as one of the most exciting up-and-coming neighborhoods in all of Raleigh.

The Warehouse District in downtown Raleigh, NC. is home to many older brick buildings.
The Warehouse District in downtown Raleigh, NC. is home to many older brick buildings.
The Dillon is the newest mixed use building in the Warehouse District.
The Dillon is the newest mixed use building in the Warehouse District.
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Videri Chocolate Factory offers real-life factory tours

The Warehouse District is full of options for shopping and dining. Residents can start their day by heading to Videri Chocolate Factory for a delicious chocolate bonbon and espresso. Locals do their shopping at the Weaver Street Market, a co-op focusing on fresh produce and locally sourced stock. The Oak City Steakhouse is a local favorite for dinner, as is OKE Sushi Bar. For dessert, residents can check out Humble Pie. “It’s the best pie in the world,” says Baum. “If you ask me, at least.” For local craft beers after work, Crank Arm Brewing Company is just one of the many options. A happening spot in terms of nightlife too, the Warehouse District has a long history as a popular spot for Raleigh’s LGBTQ+ community. Spots like Legends and Flex were safe spaces for the LGBTQ+ community as early as the 1950s, and continue to thrive today.

Flex is a nightclub and bar in the Warehouse District.
Flex is a nightclub and bar in the Warehouse District.
Take a tour of Videri Chocolate Factory in the Warehouse District.
Take a tour of Videri Chocolate Factory in the Warehouse District.
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Condos and townhouses rule in the Warehouse District

Housing in the Warehouse District is primarily made up of condominiums and townhouses. “We have a number of condo complexes like Park Devereux and Martin Place,” says Baum. “And they’re just as precious as can be—each with their own style.” As stated, complexes like Park Devereux reflect the iconic warehouse style of the district, while Martin Place features wood construction and gives off a more loft-like vibe. Prices range from $300,000 for a one-bedroom condo, up to $1.6 million for a 4-bedroom. Single-family homes are not available directly in the neighborhood but can be found in nearby Boylan Heights.

Modern town homes and condos are the place to live in the Warehouse District.
Modern town homes and condos are the place to live in the Warehouse District.
Sleek modern condos line the streets of  the Warehouse District.
Sleek modern condos line the streets of the Warehouse District.
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Dix Park has a ton of open space

Residents looking to enjoy the outdoors can head to Dix Park, which is over 307 acres. “It’s even bigger than Central Park,” says Baum. “And it is absolutely gorgeous.” Additionally, pocket parks can be found in the neighborhood too—like Nash Square Park just across from the Park Devereux condo complex. At CAM Raleigh, visitors can enjoy a rotating array of contemporary art exhibits free of charge.

Dix Park, located within the Warehouse District, is home to J. Cole's Dreamville Festival.
Dix Park, located within the Warehouse District, is home to J. Cole's Dreamville Festival.
CAM Raleigh in the Warehouse District has a great selection of revolving artist.
CAM Raleigh in the Warehouse District has a great selection of revolving artist.
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Artsplosure celebrates the arts every year

Events are common in Raleigh, with several neighborhoods offering annual celebrations. The Warehouse District is known for its Artsplosure festival, an annual celebration of local art with a market and live performances.

Warehouse District schools earn high marks

Students in the Warehouse District begin at Conn Elementary, before moving on to Centennial Campus Middle and finishing up at Broughton Magnet High School. According to Niche, these schools earned ratings of B-plus, B-plus, and A-minus, respectively. “We’re really spoiled with our schools, too,” says Baum. “People move to the area because of how highly ranked they are.” Students at Broughton High can take advantage of their highly ranked IB program.

Salem Middle School is close to sport fields and playgrounds in Weldon Ridge.
Salem Middle School is close to sport fields and playgrounds in Weldon Ridge.
Broughton Magnet High School in Cameron Village is the home of the Capitals.
Broughton Magnet High School in Cameron Village is the home of the Capitals.
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From across town to across the east coast

Location is one of the key selling points for the area, and residents of the Warehouse District are right next to Union Station—Raleigh’s newly renovated Amtrak station. As such, locals can travel up and down the east coast with ease, or catch a GoRaleigh bus to get around the city itself. “The neighborhood is so walkable,” says Baum. “Part of the charm is how easy it is to get around on your own two feet.”

Many people ride the train from Union Station to go see the Charlotte Panthers play.
Many people ride the train from Union Station to go see the Charlotte Panthers play.
The GoRaleigh Bus runs through the Warehouse District.
The GoRaleigh Bus runs through the Warehouse District.
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Gerald Withers
Written By
Gerald Withers
Bryan Regan
Photography Contributed By
Bryan Regan
EB Fox
Video By
EB Fox

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Jared Cozart, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Raleigh-Durham International

23 min drive

Bus

W Lenoir St & S West St

Bus

South St & West St

Bus

S Saunders St & Dorothea Dr

Bus

Morgan St & Glenwood Ave

Bus

Dawson St & Cabarrus St

Bus

W Davie St & S Harrington St

Bus

W Morgan St & S Harrington St

Crime and Safety

1 - Low Crime, 10 - High Crime Warehouse District US
Homicide 4 4
Sexual Assault 9 4
Assault with Weapon 6 4
Robbery 8 4
Burglary 10 4
Motor Vehicle Theft 10 4
Larceny 10 4
Crime Score 9 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$477,500
Median Single Family Price
$445,000
Median Townhouse Price
$1,100,000
Median 2 Bedroom Price
$477,500
Median 1 Bedroom Price
$437,500
Average Price Per Sq Ft
$450
Number of Homes for Sale
7
Last 12 months Home Sales
32
Months of Supply
2.60
Median List Price
$505,000
Median Discount From 1st List Price
4%
Median Home Sale Price YoY Change
-58%

Home Facts

Number of Homes in Neighborhood
225
Median Year Built
2005
Avg. Single Family Home Size Sq Ft
2,018
On par with the national average
1,935
Average Townhouse Size Sq Ft
1,780
Average 2 Bedroom Size Sq Ft
1,291
Average 1 Bedroom Size Sq Ft
877
Median Lot Size Sq Ft
43,560

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Jared Cozart, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,877
Median Age
32
Population Density
17 ppl/acre
Population under 18
19.9%
On par with the national average
23.8%
Population over 65
6.2%
Below the national average
19.1%

Finances

Median Household Income
$102,160
Significantly above the national average
$71,702
Average Household Income
$122,654

Education and Workforce

High School Graduates
91.8%
College Graduates
59%
Above the national average
34.1%
Advanced Degrees
25.8%
Above the national average
13.3%
% Population in Labor Force
67.2%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
32°F
Average Summer High Temperature
90°F
Annual Snowfall
0''

Area Factors

Very Bikeable

Bike Score®

77 / 100

Very Walkable

Walk Score®

88 / 100

Excellent Transit

Transit Score®

71 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Warehouse District
Jared Cozart
Luxe Residential, LLC
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